ICE Mortgage Technology, Atlanta, released its July 2025 Mortgage Monitor report, finding that there are early signs of financial stress emerging among subsets of homeowners.
Category: News and Trends
The Current State of Non-Agency Lending, July 15
Join the Mortgage Bankers Association and industry experts for a timely look at the state of non-agency lending in single-family real estate finance.
Zillow Finds Buyers Need $17,000 Raise to Afford a Home
Five years ago, a median-income household could afford a typical U.S. home. Today, they’re more than $17,000 short, even if they have $73,000 saved for a down payment, a new Zillow analysis found.
Fannie Mae: Home Purchase Sentiment Index Falls
Fannie Mae released its National Housing Survey for June, including the Home Purchase Sentiment Index. The index dropped 3.7 points from May to 69.8.
MBA’s Bob Broeksmit on the Numerous Real Estate Wins in Tax Package, Latest on Credit Reporting Costs
MBA President and CEO Bob Broeksmit, CMB, released a video highlighting the pro-housing wins secured in the Republican-led tax and reconciliation that was signed into law by President Donald Trump.
Quote of the Day
“The megabill includes numerous–with a Capital N!–MBA-supported tax changes. Make no mistake, with your help, our direct advocacy efforts with lawmakers and their staff ensured the preservation–and in several cases, the enhancement–of several key elements of the 2017 Tax Cuts and Jobs Act.”
— MBA’s President and CEO Bob Broeksmit, CMB, on the recently signed tax package
Industry Briefs, July 8, 2025
Industry news from nCino, Truework, Dark Matter Technologies, SettlementOne and FICO.
Tax, Spending Package Signed; MBA Releases Statement on Final Version
MBA’s President and CEO Bob Broeksmit, CMB, commented on House passage of the Republican-led tax and spending package. President Trump signed the legislation into law on July 4.
Redfin Reports Condo Prices See Second-Largest Drop on Record
Redfin, Seattle, found the median U.S. condo sale price fell 2.2% year-over-year to $354,100 in May, the second-largest drop in records dating back to 2012.
MBA Chart of the Week: Housing Units Available For Sale
Inadequate housing supply has been a well-documented challenge for the housing market in recent years. However, there are recent signs that for-sale inventory in many parts of the country has started to grow again.